News Topic: Regional banks

KS Bancorp disclosed in a legal filing that an takeover effort by First Citizens is spooking lenders and prompting prospects to delay and cancel plans to move deposits and lending relationships. ... Read full article

If community banks fail to keep up with higher rates offered by online banks, credit unions and (soon) big banks, their liquidity may deteriorate even faster. ... Read full article

Comptroller of the Currency Joseph Otting will bow out of certain regulatory matters involving CIT and U.S. Bank, where he held leadership roles, and three others. ... Read full article

Deposit prices are starting to rise, deposit growth is slowing, commercial loan growth remains tepid (with some exceptions) and concerns are mounting about the economic toll of U.S. trade policy, bank executives said just a few weeks ahead of the end of ... Read full article

Sterling would gain $458 million in loans and an origination platform by acquiring Advantage Funding Management. ... Read full article

Numerous regional banks stand to benefit from a provision that narrows the scope of institutions defined as "systemically important" under the Dodd-Frank Act. ... Read full article

The Alabama company, as part of an efficiency effort, is streamlining its organizational structure and creating a division focused on community engagement. ... Read full article

The legislation up for debate in the Senate reduces regulatory burdens for midsized financial institutions, a good step forward in amending the Dodd-Frank Act. ... Read full article

A debate is brewing about whether rising rates mean banks must pay more to hold onto deposits from city and county governments — and whether they are worth it. Some would say no question on both counts, while others say it all depends on the financial ... Read full article

National Credit Union Administration Chairman J. Mark McWatters made an appeal to credit union executives to work with small community banks when it comes to advocating for shared goals. ... Read full article

Harrison Finance has 35 offices, nearly 140 employees and about $95 million of outstanding loans. ... Read full article

A mix of tax sweeteners and a lower cost of living has prompted banks such as MUFG Americas, Northern Trust and Bank of the West to locate corporate-level jobs in Phoenix and surrounding areas. ... Read full article

First Citizens, which wants to buy KS Bancorp, has filed a lawsuit to challenge a so-called poison pill provision that the much smaller bank's board recently passed. ... Read full article

Having solid relationships with those who cover the banking industry can lend credibility to management teams, especially when times are tough. ... Read full article

Strong policies against sexual harassment appear to be a factor in shielding banks from the public shamings that have occurred in other industries, but even they know they can’t get too complacent. Some are ditching old training sessions and trying new ... Read full article

Capital One has been rolling out coffee shops where it can offer banking services — but are not considered branches. The cafes have been especially effective at gathering deposits, putting more pressure on community banks that have already been losing ... Read full article

Investors, a former serial acquirer that has been sidelined by an informal order tied to Bank Secrecy Act compliance, has hired an executive from EverBank. ... Read full article

Bank stocks recovered some of their lost value on Tuesday on extremely high levels of trading volume. The lone exception: Wells Fargo. ... Read full article